Ten Laws of Operational Risk
Understanding its Behaviours to Improve its Management
Created by Michael Grimwade
Explore the underlying patterns of operational risk and learn how to manage them more effectively. You'll discover why losses happen, how risks behave, and which practical tools can help you identify, measure, and control operational risk in your organization.
Wiley | Sep 2026 | 416 min
What You Will Learn
You'll start by examining the ten core laws that shape operational risk, then move on to hands-on management practices. Each section connects theory to real-world application, guiding you through appetite setting, control assessments, scenario analysis, and stress testing. Later, you'll explore how to adapt your approach to new and evolving risks.
Key Features
- Understand behavioral patterns behind operational risk events and losses
- Apply proven tools like appetite setting, RCSA, scenario analysis, and stress testing
- Anticipate and respond to emerging threats with a strategic risk management framework
Target Audience
Designed for operational risk managers, compliance professionals, auditors, and financial services executives who already understand basic risk concepts. If you want deeper insight into operational risk behaviors, practical management tools, and strategies for emerging threats, this course will help you advance your expertise.
